Rss Feed
Tweeter button
Facebook button

Town Square | Custom-designed four-level home in Bethesda lists for $3.95 million

(Courtesy of TTR Sotheby's International Realty)

(Courtesy of TTR Sotheby’s International Realty)

A 9,000-square-foot contemporary house in Bethesda with classic architectural details such as arched doorways as well as lush landscaping and a four-car garage is listed for $3.95 million.

The property at 7101 Orkney Parkway was designed and built in 2007 by local architect Glenn Fong and Augustine Homes.

Landscaped gardens and flagstone terraces extend the living space outdoors and can be accessed through four sets of French doors off the kitchen and great room.

(Courtesy of TTR Sotheby's International Realty)

(Courtesy of TTR Sotheby’s International Realty)

The main level has a formal dining room, a library with access to a screened porch, a formal living room and a home office in addition to the kitchen and great room.

The home in the Bannockburn neighborhood has six bedrooms, eight full baths and three half baths, plus a fourth-level loft and a finished lower level with a home theater, fitness room and game room.

For more information, go to www.BeasleyRE.com or contact realty agents Jim Bell or Kira Epstein with Beasley Real Estate at 202-607-4000.

Study correlates level of education to homeownership

A recent study by Trulia that examined where middle class Americans can afford to buy homes found that homeownership becomes more affordable with increased levels of education because of the correlation between income and education.

In the Washington metro area, Trulia found that just 23 percent of homes available for sale are affordable for households in which the head of the family has a high school diploma or less education, compared with 75 percent for a household with a bachelor’s degree and 83 percent for a household with a graduate degree.

The affordability percentage is based on the number of for-sale homes whose monthly payment (including principal, interest, taxes and insurance) is less than 31 percent of the area median household income.

To see the full study, go to www.trulia.com.

(Courtesy of TTR Sotheby's International Realty)

(Courtesy of TTR Sotheby’s International Realty)

Designer and architect create unique house on Capitol Hill

Interior designer Darryl Carter and landscape architect Lisa Fendrick have collaborated with Ditto Residential to create a unique house at 541 Seventh St. SE in the District — what they call a modern interpretation of the historic Capitol Hill style.

The five-bedroom, 5,000-square-foot house has an open floor plan with five full baths, two half baths and a terraced rear yard with gardens and blue stone pavers along with an electric security gate.

(Courtesy of TTR Sotheby's International Realty)

(Courtesy of TTR Sotheby’s International Realty)

On the main level, the kitchen includes custom cabinets and black soapstone counters and opens into a family room with three sets of French doors to the garden. The dining room and living room each include an antique French chandelier, while the living room has a wood burning fireplace with a restored wood mantel. The master suite has a luxury bath and two sets of French doors to a balcony and the third level includes an entertainment area and wet bar with city views.

The house is listed for $2.495 million.

For more information, go to www.541seventh.com or contact Realtors Pamela Wye and Claudia Donovan of TTR Sotheby’s International Realty at 202-320-4169 or 202-251-7011.

Tip of the week

While the company isn’t claiming to have a crystal ball, Zillow recently introduced a consumer-friendly tool to predict future home values.

You may have already looked up your home or your friend’s home with Zillow’s “Zestimate” tool that estimates a property’s current home value, but the new “Zestimate Forecast” element provides a prediction of the home’s change in value over the next year.

The forecast will be given in both dollar amounts and percentages to give consumers an idea of what the impact of local housing trends will be on individual properties.

As an example, if a home has a Zestimate of $200,000, the forecast could be $210,000 in one year or an increase of 5 percent, or it could be $190,000 or a predicted decrease of 5 percent.

Michele Lerner is a freelance writer. To pass on a tip or news item, contact us at realestate@washpost.com and put “Town Square” in the subject line.

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.